BERGEPAINT trade ideas
Leading Diagonal Observed #ELLIOTWAVESOnce the leading diagonal is complete then wave 2 can retrace to 476 or 442 levels and then continue wave 2.
So it can be shorted at CMP
SL 593
Target1 491 with partial booking
Target2 440 with remaining
R:R Greater than 3.12
BREAKOUT TRADE - PURE PRICE ACTIONStock has given a bullish breakout with good volumes and RSI showing strength. The resistance level of 545 has been taken out and price action (higher lows) confirms the charge of bulls which clearly indicates a good upside potential in coming sessions.
It may retest the resistance turned support and then continue the upside rally. So wait for the right price action.
Disclaimer: Please take this for educational purpose. Trade on your own risk.
Happy trading. Happy investing!
BERGERPAINTS#BERGERPAINTS
BUY ABOVE 530
SL 524
TARGET 533.25/ 536.5
SELL BELOW 524
SL 530
TARGET 523/ 521.25/ 518.1
berger paintin 15 minute chart it is symmetrical triangle .....
and in 5 minute chart it has made descending tringle
if it breaks 524 then target - 520 ....trgt 2- 516
and if it crosses crosses 528 then it will reach 545 and more
Berger paint Long Break is about to happen in a week. All the Points of why the trade makes sense i included in the chart. Also, the earning report is due, that will decide the rebound or the breakout of the stock.
Berger Paint - IntradayBuy above 529
Target 532 - 536
SL 524
Sell Below 521
T - 517 - 515
Sl 523
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade with the help of your financial advisor.
Burger Paint BUY or SELL ? Detailed Analysis !Hii Guys
This is your friend KANISHK
Watch this video till the end, because i have told a very important part (strategy) of my trading technique.
I have discusses everything for burger paint and cleared the view that, do we have to buy this stock or not?
Please follow all the steps discussed in the video and then take your decision after confirming the trend.
Target 550
Stop loss: Below the previous swing
and ride the trade till the target get achieve.
ENJOY YOUR TRADE
THANKS
This was KANISHK (8954002500)
Signing Off
Berger Paint Trade setup for Tuesday 28th July 2020Berger paints is looking for breakout in daily time frame. Although it is bearish in 30 minutes and 1 hour time frame with a hammer candle. We will look for buying opportunity above the orange line or any bullish candle in 30 minutes time frame. 1st target 10 points and 2nd target is also 10 points above the orange line.
Berger Paint Making movesBerger Paint is giving buy signal in all Day and 1 hour chart. Buy above 536 and expect it to reach 580 levels. Stop loss 510..
This is just for educational purpose. I am not a SEBI registered agent. Paper trading.
A Pattern in a Platter ft. Berger PaintBreakout/down has the potential of giving a good move.
MACD isn't very active for now. The stock might act rangebound for the time being before heading anywhere.
Berger paints - cup & handle!!The chart has lot of wedges and other shapes appearing. Simple one is presented.
Stock of berger paint is at BO levelStock of the berger paint has shown the good strength & buying .Above the level of 521 we can take the entry for the target level of 530. Again if we got another BO after the trend line broken than the next target level is 550. So add the stock in your watch list for price action movement.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
